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Business > Insurance
NAICOM to release Takaful guidelines this month, licenses firm to underwrite agricultural insurance
By Nkechi Naeche
July 6, 2012 11:01:33am GMT
NAICOM building

WorldStage Newsonline-- The National Insurance Commission (NAICOM) has said that it will this month release the guidelines on full fledge Takaful underwriting as against the existing practice of window operation.

The Commission disclosed this through its commissioner for Insurance, Fola Daniel, at the ongoing Annual Education Conference in Abuja, that all the efforts made by the government through the Commission were expected to galvanize the market to enhanced productivity and meaningful contribution to the nation's economy

He added that the commission had given license to an insurance company to underwrite Agricultural insurance business in the country.

He therefore called on other interested organisation to come forward to join the list of the insurance companies to underwrite Agric insurance business in the country.

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